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The Internal Revenue Service said it would regard 2014 and 2015 as a transition period for purposes of IRS enforcement and administration of the Foreign Account Tax Compliance Act, or FATCA, for banks that have made a good-faith effort to comply.
May 2 -
I was lucky to get my second job in accounting, but I received a salary that was $5 lower than my first job (which I had been fired from), so I took the job.
May 2 -
Cougar Mountain Software announced a new level of partnership with Merchant Warehouse, provider of payment technologies and merchant account services.
May 2 -
The Institute of Management Accountants is hoping to prepare more accounting students for careers in industry.
May 2
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In a decision at odds with five other circuit courts, the Tenth Circuit quashed IRS summonses that were issued after the 23-day notice requirement of Section 7609(a)(1) of the Tax Code. As a result, the issue could be ripe for Supreme Court review.
May 2 -
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The American Institute of CPAs Auditing Standards Board has issued three auditing interpretations in response to the new Governmental Accounting Standards Board pension standards.
May 2 -
Accounting Today and the National Conference of CPA Practitioners have announced the agenda of their annual Accounting Technology Forum, which will take place June 24-25.
May 2 -
Former New York City Mayor Michael Bloomberg and former Securities and Exchange Commission chairman Mary Schapiro have joined the board of the Sustainability Accounting Standards Board, serving as chair and vice-chair, respectively, of the fledgling organization.
May 2 -
Deloitte announced a new private cloud solution, Cloud ServiceFabric, which streamlines and accelerates the implementation of an on-premise private cloud.
May 2 -
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Eighty-one percent of U.S. CEOs believe the current international tax system needs to be reformed, according to a new survey by PricewaterhouseCoopers,
May 2 -
Some of our favorite recent tax fraud cases.
May 2 -
The IRS is accepting applications through June 13 for its Internal Revenue Service Advisory Council.
May 2 -
Thomson Reuters has launched a bimonthly newsletter for tax and accounting professionals.
May 2 -
Reeves joined Whitley Penn after a 26-year career with Thomson Reuters Inc. He most recently held the position of vice president for the Professional Market.
May 2 -
The chairman of the Financial Accounting Standards Board said Thursday that the FASB staff expects to issue the long-awaited converged standard on revenue recognition that it has developed with the International Accounting Standards Board this month, calling it a grand achievement for both boards.
May 1 -
Public Company Accounting Oversight Board chairman James Doty said in a speech Thursday that he is concerned about cuts in audit fees having an impact on the quality of audits as the auditing practice becomes a declining part of the revenue at accounting firms.
May 1 -
Despite delays in expected tax reform, companies are engaging, modeling and planning in order to manage uncertainty, according to survey findings released at Ernst & Young LLPs Ninth Annual Domestic Tax Conference in New York.
May 1 -
Check out the digital edition of the May 2014 issue of Accounting Today.
May 1
